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Property profile & analytics
OFF-MARKET
Warehouses

700 John Rodes Blvd Ste A1 Melbourne, FL 32904-1514

1,344 SF 0.11 ac lot Built 1986
Trust Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US18-4424862
Property summary
AI-generated overview

This exceptional 1,350-square-foot industrial flex space, located at 700 S John Rodes Blvd in Melbourne, Florida (zip code 32904), presents a fantastic opportunity for businesses seeking a blend of office and warehouse functionality. Situated within the John Rodes Commerce Park, this single-tenant unit boasts a prime location with convenient access to I-95. The property, a Class B building constructed in 1986 and extensively renovated in 2023, features a single story with a 20-foot ceiling height. The space includes approximately 350 square feet of climate-controlled office space, a single restroom, and 1,000 square feet of open warehouse area. Warehouse features include one grade-level drive-in bay door, epoxy flooring, and energy-efficient LED lighting. The property sits on 2.5 acres of land and offers three total parking spaces. The zoning is designated as IU. This fully HVAC unit is ideal for a variety of businesses seeking a well-maintained and conveniently located space. The property's recent renovation ensures modern amenities and functionality, making it an attractive option for companies looking to establish or expand their operations in the Melbourne area.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,344 SF
Lot 0.11 ac (4,792 SF)
APN 27-36-35-00-00277.0-0000.00
UPID US18-4424862
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pick A Tree Plus Big Box & Wholesale Store
  • Comfort Experts USA LLC HVAC Service General Contractor
  • SilverHorse Racing, LLC Industrial Manufacturer
  • Space Coast Canine Training Animal Training
  • Sunburst Books Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Russell,bryan G Trust · 5 yrs held
Russell,bryan G Trust
since 2020
Last sale
$75,000
2 recorded transactions
2020
Price N/A
2000
$75,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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